KBC Group NV Sells 119,357 Shares of The Clorox Company $CLX

KBC Group NV significantly reduced its stake in The Clorox Company (NYSE:CLX) by 71.6% in the fourth quarter, selling 119,357 shares and retaining 47,354 shares valued at $4.77 million. Analysts generally rate CLX as a “Reduce,” with a consensus price target of $113.93, while Clorox announced a quarterly dividend of $1.24 per share, indicating a 4.7% yield. The company’s stock is trading around $104.56 with a market cap of $12.64 billion and a current dividend payout ratio of 81.05%.

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